White sugar: Sugar companies 'quotations were lowered within a narrow range, and spot prices fell
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June 1, 2023, 5:34 PM White sugar: Sugar companies 'quotations were lowered within a narrow range, and spot prices fell
Analysis of white sugar futures: On June 1, the opening price of SR309 contract was 6850, the highest price was 6914, the lowest price was 6819, the open position was 563729, the settlement price was 6866, yesterday's settlement: 6867, the decline: 1, daily trading volume: 837265 lots.
Comprehensive price list by region: yuan/ton
|
areas |
market |
2023/5/31 |
2023/6/1 |
rise and fall |
remarks |
|
northeast |
Changchun |
7380 |
7360 |
-20 |
Self-delivery from warehouse, 50kg |
|
bayuquan |
7320 |
7320 |
0 |
Self-delivery from warehouse, 50kg |
|
|
East China |
Shanghai |
7380 |
7380 |
0 |
Self-delivery from warehouse, 50kg |
|
Linyi |
7300 |
7300 |
0 |
Self-delivery from warehouse, 50kg |
|
|
Hefei |
7380 |
7360 |
-20 |
Self-delivery from warehouse, 50kg |
|
|
Tianjin |
7280 |
7270 |
-10 |
Self-delivery from warehouse, 50kg |
|
|
Langfang |
7290 |
7290 |
0 |
Self-delivery from warehouse, 50kg |
|
|
Hangzhou |
7340 |
7320 |
-20 |
Self-delivery from warehouse, 50kg |
|
|
Fuzhou |
7310 |
7310 |
0 |
Self-delivery from warehouse, 50kg |
|
|
Qingdao |
7260 |
7260 |
0 |
Self-delivery from warehouse, 50kg |
|
|
Huazhong |
Yichang |
7400 |
7390 |
-10 |
Self-delivery from warehouse, 50kg |
|
Wuhan |
7390 |
7390 |
0 |
Self-delivery from warehouse, 50kg |
|
|
Zhengzhou |
7400 |
7370 |
-30 |
Self-delivery from warehouse, 50kg |
|
|
North China |
Taiyuan |
7400 |
7360 |
-40 |
Self-delivery from warehouse, 50kg |
|
Xi'an |
7380 |
7370 |
-10 |
Self-delivery from warehouse, 50kg |
|
|
South China |
Guangzhou |
7310 |
7310 |
0 |
Self-delivery from warehouse, 50kg |
|
Northwest |
Urumqi |
6750 |
6750 |
0 |
Self-delivery from warehouse, 50kg |
|
Lanzhou |
7350 |
7330 |
-30 |
Self-delivery from warehouse, 50kg |
|
|
Southwest |
Kunming |
6950 |
6950 |
0 |
Self-delivery from warehouse, 50kg |
|
Chongqing |
7070 |
7070 |
0 |
Self-delivery from warehouse, 50kg |
White sugar spot market: The mainstream transaction price in China's white sugar market fell today. Among them, 7,320 - 7,380 yuan/ton in Northeast China, 7,250 - 7,380 yuan/ton in East China, 7,400 - 7,400 yuan/ton in Central China, 7,390 - 7,410 yuan/ton in North China, 7,300 - 7,300 yuan/ton in South China, 6,750 - 7,370 yuan/ton in Northwest China, and 7,020 - 7,130 yuan/ton in Southwest China. Quotation from processing sugar companies: Nanhua Group's new sugar quotation: Nanhua Kunming quotation is 6990 yuan/ton, down 20 yuan/ton; Nanhua Xiangyun quotation is 6960 yuan/ton, down 20 yuan/ton. Guangxi Nanhua quoted price of 7,120 - 7,170 yuan/ton, down 20 yuan/ton. Nanhua Jiangsu Town quoted price of 7270 yuan/ton, which is stable. The price of imported processed sugar by Liaoning COFCO remained stable at 7300 yuan/ton. COFCO (Tangshan) Sugar Co., Ltd. quoted price of imported processed sugar at 7300 yuan/ton, down 10 yuan/ton. Yingmao Group's new sugar quotation: Yingmao Kunming's quotation is 6990 yuan/ton, down 10 yuan/ton. Yingmao Dali's price was 6960 yuan/ton, down 10 yuan/ton; Dafeng Yingmao's price was 7300 yuan/ton, which remained stable. Shandong Xingguang Sugar Industry's white sugar price was 7300 yuan/ton, which remained stable.
White sugar market outlook forecast: The main contract price of white sugar continues to move sideways. Although commodities closed up in the afternoon and some commodities increased significantly, the recent performance of white sugar is not as strong as in the previous period. Instead, it continues to consolidate in a narrow range, but it goes up late. On the external front, expectations of a significant increase in supply from crushing in central and southern Brazil, as well as a weak atmosphere formed by a stronger US dollar and weak operation of major commodities, still exert pressure on the short-term trend of international sugar prices. It is expected that white sugar will remain high and repeatedly consolidated in the short term.
China's white sugar index: According to data from Medical Equipment, China's white sugar spot index on June 1 was 6,956.4, down 6.92, or 0.10%. The white sugar index was lowered.
The information provided in this report is for reference only.
Original: Wang Yaoxin 17732561807